Accounting includes recording, classifying, summarizing financial transactions in a proper manner. It deals with common monetary measurement. It is thus a broader concept than bookkeeping. Bookkeeping is a part of accounting.
Only financial transactions which can be expressed in terms of money are recorded. Thus, accounting enables stakeholders to know the financial position of an entity for the period. It is concerned with summarizing of the recorded financial transactions. Also, it enables management to prepare various types of reports
Accounting or accountancy is the measurement, processing, & communication of financial & non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities & conveys this information to a variety of users, including investors, creditors, management, & regulators.
1. Identifying financial transactions
2. Recording of financial transactions
3. Preparing ledger accounts
4. Preparation of trial balance
5. Preparation of financial statements
6. Analysis of financial statements
This Service covers the Accounting of All the financial transactions from our office only where client send us data for Accounting asked in required format
This Service covers the Accounting of All the financial transactions by physical visit by one of our staff in the office Premises of the client.
This type of Services are some what like Internal Audit, where accounting is done by the client as his end only, and he maintains
This Services is one of its kind and very unique which is taken care by K J S and Associates, and is successful in managing various client where we deploy
"Outsourcing accounting services can be quite beneficial when it comes to generating accurate results, This, in turn, ensures better management of back office functions. Dedicated staff in BPOs handle accounting services smoothly and efficiently."
Accuracy in Accounting and Financial Statements
A major advantage associated with outsourced accounting services is the cost-effectiveness of the services. A huge amount can be saved up on operational costs and channelized towards the funding of core business processes.
Cost Saving and Cost Benefit
Outsourcing Accounting services to professional like K J S and Associates can in fact help control any possible fraud by staff within the organization. The service providers are accountable for every transaction processing as well as quality and accuracy control.
Strong Internal Control
We are updated with all rules, KJS & Associates can ensure Timely Compliances for Govt. Regulations thereby avoiding any types of penalty & notices of any sort. Ethical Professional practices will lead to high level of goodwill in the industry.
Timely Compliances for Govt. Regulations
The market is changing continuously due to technological advancement. Companies can avail such progressive technology through systematic outsourced accounting services.
Stay Updated with Technology
Accounting is time consuming and companies tend to lose focus on core competencies while trying to manage such a process. Therefore, outsourcing frees up time for further value-added revenue-generating tasks.
Saving up on processing time
Outsourced financial services providers hire experienced kJS & Associates to perform accounting services. We can provide many tips & timely advice pertaining to accounting services as companies expand.
Gaining from the assistance of experts
All possible accounting related information can be obtained regularly from KJS & Associates, handling outsourced accounting services. Advanced software can help companies look at personalized reports that can save a lot of time.
Staying informed with up-to-date accounting status
Limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. Limited Liability Partnership is managed as per the LLP Agreement.
To incorporate a Limited Liability Partnership, a minimum of two people are required. A Limited Liability Partnership must have a minimum of two Partners and can have a maximum of any number of Partners.
The Designated Partners needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, the LLP Act 2008 allows Foreign Nationals including Foreign Companies & LLPs to incorporate a LLP in India provided at least one designated partner is resident of India.
You can start a Limited Liability Partnership with any amount of capital. There is no requirement to show proof of capital invested during the incorporation process. Partner's contribution may consist of both tangible and/or intangible property and any other benefit to the LLP.
An address in India where the registered office of the LLP will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.
LLPs are required to file an annual filing with the Registrar each year. However, if the LLP has a turnover of less than Rs.40 lakhs and/or has a capital contribution of less than Rs.25 lakhs, the financial statements do not have to be audited.
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